Beyond their role of safeguarding a healthy community and a productive work force, physicians have a huge positive impact on the national and state economies, as demonstrated in an American Medical Association study that was completed in conjunction with state medical associations. The national report shows that each physician supports an average of:

• $2.2 million in economic output and contributes to a total of $1.6 trillion in economic output nationwide
• 13.84 jobs and contributes to a total of 10 million jobs nationwide
• $1.1 million in total wages and benefits and contributes to a total of $775.5 billion in wages and benefits nationwide
• Plus, each physician supports $90,449 in local and state tax revenues and contributes to a total of $65.2 billion is local and state tax revenues nationwide

In Arkansas

Arkansas’ physicians are trusted leaders who have a positive and lasting impact on the health of their patients and the health of their community as a whole. Physicians also critically support the health of their local and state economies through the creation of jobs with their related wages & benefits, the purchase of goods and services and large-scale support of state and local tax revenues.

Results from a recent economic impact study conducted by IMS Health, on behalf of the AMA, demonstrate the significant level of support that physicians generate for Arkansas’ economy. The study results also clearly indicate that creating an environment which would attract new and retain existing physicians to meet expanding healthcare demands will also have the added benefit of increasing the number of good jobs in Arkansas and improving the health of the local economy.

Key economic benefits provided by physicians both nationally and in Arkansas in 2012 include:

See the full national report, individual reports for each of the 50 states and Washington, D.C., which also include data by specialty, and a helpful interactive map at ama-assn.org/go/eis.